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Loan Modification

: Mortgage Lender Implode-o-Meter

Foreclosure crisis: Lenders holding back critical information at mediations

By Implode-Explode Heavy Industries

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"A fraction of South Florida foreclosure cases referred to mediation are ending in written agreements between homeowners and their banks. One reason: Some lawyers say lenders are refusing to provide court-mandated documents showing they own the loan and its net value, or are filing faulty paperwork."

Full post as published by Mortgage Lender Implode-o-Meter on March 05, 2011 (boomark / email).

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